He helped perhaps more people participate in the financial markets and create wealth than any other single individual
Ric Edelman: Ned Johnson III recently passed away. He was 91 years old. Ned Johnson has helped perhaps more people participate in the financial markets and create wealth than any other single individual. Ned Johnson ran a family business. You might have heard of it, called Fidelity. His father started the firm. Ned joined in 1957. He became president in 1972, inherited the company later that decade. At the time he became president, Fidelity managed less than $4 billion. Today, they manage four and a half trillion dollars. Ned Johnson had dyslexia. He struggled with reading, but he never let that stop him. If you're saving for retirement, if you're using financial investments, stocks, bonds, mutual funds, ETFs, 401ks - you can probably thank Ned Johnson for helping you. I'm Ric Edelman. This is The Truth About Your Future.